Jun
06
Xenia Sells 5-Hotel Portfolio for $163M
ByThe properties, which total 812 guestrooms, are located in Fort Worth, Kansas City, Pittsburgh and Baltimore.
An affiliate of Summit Hotel Properties Inc., of Austin, Texas, has agreed to purchase from Xenia Hotels & Resorts, of Orlando, Fla., an 812-guestroom, five-hotel portfolio, for a total price of $163 million, both parties announced Monday. The deal follows other very recent, separate acquisitions by each company.
The hotels are the 203-key Courtyard Fort Worth Downtown/Blackstone, the 123-key Courtyard Kansas City Country Club Plaza, the 182-key Courtyard Pittsburgh Downtown, the 116-key Hampton Inn & Suites Baltimore Inner Harbor and the 188-key Residence Inn Baltimore Downtown/Inner Harbor…
